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Coinbase Sets USDT Withdrawal Deadline for EU Users

Coinbase announced that customers in the European Economic Area must withdraw 14 stablecoins, including USDT, PYUSD, and USD1, by October 30 due to MiCA regulations. Remaining balances will be converted at market rates, primarily to USDC, and may be taxable. Ripple received approval to operate a national trust bank for RLUSD. The CFTC filed a lawsuit against Utah over prediction markets. Firedancer introduced a new SOL burn fee for bug reports. Arthur Hayes proposed an AI compute token. Bitcoin hovered around $81,000 with a 1.9% rise, while Ethereum rose 2.1% to $2,361.

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